Pakistan Launches $2.7 Billion China-Designed Nuclear Plant
- The facility will provide some of the nation’s cheapest power
- Still, Pakistan must boost energy tariffs to unlock IMF funds
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Pakistan inaugurated a $2.7 billion nuclear reactor, providing some relief as the nation grapples with an energy crisis.
The 1,100 megawatts capacity power plant will generate some of the nation’s cheapest electricity, according to data from regulator National Electric Power Regulatory Authority. The facility was connected to the grid last March.